US Treasury Secretary Tim Geithner responded to a question put to him by his audience at Peking University by saying that "Chinese assets are very safe", drawing loud laughter from his student audience.
Because Geithner speaks Mandarin his host was unable to excuse the laughter as anything other than the students acknowledging him the court jester that he is.
Too bad his American audience isn't quite as astute.
The Peoples' Repossession
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